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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream operator with core assets concentrated in the foothills of the Rocky Mountains. Its business is focused on developing and producing conventional raw natural gas and processing it into sales products that include natural gas liquids and sulfur. The Company processes these commodities by using... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > several-companies-express-interest-goldboro
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Post by garnot on Apr 29, 2024 3:30pm

several-companies-express-interest-goldboro

https://ca.news.yahoo.com/several-companies-express-interest-goldboro-150148237.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACDEeAe9BVVAPUlks2KFLNKeWGanfojj2WwQZsKbW-2D9j9RmczSO_C1rRAJ-QqmM03JonGdPXEOEfme_uXQgksFrT6ogPZUmuNaOCwmekOYFKec0opop6zyOGmixBSRH4ZsjjG-qMCn7dvZCSXOvXCfkbGRUKZCEVrA10u-JRHU
Comment by downwithdotcom1 on Apr 29, 2024 4:47pm
was wondering why PEA started moving up today on decent volumes...will the sale be material to help pay down some of these very hi interest loans??dwdc
Comment by Amadeus2011 on Apr 30, 2024 11:17am
Spoke too soon. This POS is down again.  Will it ever get out of the hole its in?
Comment by commonsense101 on May 02, 2024 8:22am
From the few news reports here, it's clear there is no final purchase agreement. The price does not even seem set. Pieridae has thrown out the $3  million figure when the what is it worth question comes up. They don't say where that number comes from. But that's the amount for which they have the option to sell it back to the Municipality
Comment by commonsense101 on May 09, 2024 9:13am
Pieridae’s previously announced Goldboro sale process is ongoing and, if successful, cash proceeds will be applied against the company’s $23 million (principal plus accrued interest) convertible bridge term loan which matures on December 13, 2024. The Goldboro sale process is expected to conclude in the second quarter of 2024 and, once complete, will mark the conclusion of Pieridae’s strategic ...more  
Comment by downwithdotcom1 on May 26, 2024 10:50am
an update on GOLDBORO...see below..dwdc GOLDBORO — Provincial regulators are asking for more information before they approve Calgary-based natural gas company Pieridae Energy’s application to transfer its development permit in the Goldboro Industrial Park to a numbered Nova Scotia company associated with an Irish green fuels enterprise, public documents show. In a letter dated April 17, Nova ...more  
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